ACTIVE

W.E.C. BELGIUM

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Financial year 2025 · closed on 31/12/2025
Net result
23,7 k €
+10.7% YoY
Gross margin
1,3 M €
+9.3% YoY
Equity
314,1 k €
+8.2% YoY
Workforce
14,6 ETP
+3.5% YoY

What does W.E.C. BELGIUM do?

W.E.C. BELGIUM is a Private limited company incorporated in 2004. Its main activity is: Support activities for transportation. Its registered office is in Antwerpen. It employs on average 14,6 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0870.911.629
Incorporation
30/12/2004
Legal form
Private limited company
Registered office
Noorderlaan 139
2030 Antwerpen · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2025
Average workforce
14,6 ETP
Activities (NACE)
52250Support activities for transportation· main52290Other transportation support activities63403Information service activities63405Information service activities
Joint committees (4)
  • 14003
  • 226
  • 2260
  • 22600
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021201920182017201620152014201320122011201020092008
Income statement
Gross margin1,3 M €1,2 M €1,1 M €1,1 M €942,6 k €846,2 k €767,2 k €–––––––461 k €68,7 k €5,8 k €
EBITDA46,3 k €43,5 k €43 k €43,4 k €36,8 k €30,1 k €31,4 k €30,5 k €39,9 k €51 k €49,7 k €42,8 k €42,2 k €48,6 k €23,8 k €65,1 k €5,8 k €
Operating result42,5 k €39,4 k €37,2 k €37,6 k €31,2 k €29,5 k €27,3 k €26,4 k €24,6 k €35,7 k €34,4 k €32,9 k €26,9 k €33,3 k €23,2 k €70,4 k €-14 k €
Net result23,7 k €21,4 k €18,9 k €17,6 k €14,7 k €12,4 k €6,3 k €12,3 k €6,5 k €16 k €17,4 k €17,4 k €15,9 k €62,8 k €13,4 k €-2,3 k €-1,1 k €
Balance sheet
Equity314,1 k €290,4 k €269 k €250,1 k €232,6 k €201,8 k €189,4 k €183 k €170,7 k €164,2 k €148,2 k €130,8 k €113,3 k €97,4 k €34,7 k €21,2 k €23,6 k €
Total assets556,3 k €524,4 k €460,3 k €480,6 k €423 k €362,8 k €292,7 k €308,7 k €278,3 k €278,1 k €344 k €289,6 k €248,3 k €316,8 k €254,1 k €1,4 M €3,2 M €
Cash45,6 k €83,4 k €42,1 k €75,3 k €85,7 k €5,8 k €61,5 k €37,9 k €39,7 k €39 k €28,3 k €24,3 k €27,2 k €39,7 k €46,8 k €398,3 k €445,5 k €
Debts242,2 k €234 k €191,2 k €230,5 k €190,4 k €161,1 k €103,3 k €125,7 k €107,6 k €113,9 k €195,9 k €158,8 k €135 k €218,6 k €150,6 k €1,3 M €3,2 M €
Other
Workforce14,6 ETP14,1 ETP13,5 ETP14,2 ETP13,9 ETP12,6 ETP11,9 ETP11,4 ETP11,7 ETP10,4 ETP9,8 ETP9,3 ETP9,2 ETP9,9 ETP9,2 ETP––
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

Philip Collet

Director · since 01 janvier 2026

Active
W.E.C. Holding BV

Director · since 01 juillet 2023

Represented by Ceasar LUIKENAAR

Active

Ended mandates

W.E.C. Holding

Manager · since 01 février 2012

Represented by Nicolaas Valkenier

Ended
W.E.C. Holding BV

Director · since 01 février 2012

Represented by Nicolaas Valkeniers

Ended
W.E.C. Holding BV

Manager · since 01 février 2012

Represented by Nicolaas Valkeniers

Ended
Leendert Den Bak

Manager · since 30 décembre 2008 · until 01 février 2012

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/05/202621/05/202529/05/202430/06/202324/06/202210/06/2021
General meeting19/05/202620/05/202521/05/202416/05/202325/05/202218/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/05/202622/05/2026DutchPDF
Abridged model31/12/202420/05/202521/05/2025DutchPDF
Abridged model31/12/202321/05/202429/05/2024DutchPDF
Abridged model31/12/202216/05/202330/06/2023DutchPDF
Abridged model31/12/202125/05/202224/06/2022DutchPDF
Abridged model31/12/202018/05/202110/06/2021DutchPDF
Abridged model31/12/201917/08/202020/08/2020DutchPDF
Abridged model31/12/201828/06/201924/07/2019DutchPDF
Full model31/12/201729/06/201824/07/2018DutchPDF
Full model31/12/201616/05/201722/06/2017DutchPDF
Full model31/12/201530/06/201629/08/2016DutchPDF
Full model31/12/201419/05/201531/08/2015DutchPDF
Full model31/12/201320/05/201402/07/2014DutchPDF
Full model31/12/201201/03/201326/03/2013DutchPDF
Full model31/12/201130/06/201231/08/2012DutchPDF
Abridged model31/12/201001/12/201120/12/2011DutchPDF
Abridged model31/12/200920/12/201001/02/2011DutchPDF
Abridged model31/12/200819/05/200931/08/2009DutchPDF
Abridged model31/12/200715/05/200820/10/2008DutchPDF
Abridged model31/12/200615/05/200702/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

Philip Collet

Director · since 01 janvier 2026

Active
W.E.C. Holding BV

Director · since 01 juillet 2023

Represented by Ceasar LUIKENAAR

Active

Ended mandates

W.E.C. Holding

Manager · since 01 février 2012

Represented by Nicolaas Valkenier

Ended
W.E.C. Holding BV

Director · since 01 février 2012

Represented by Nicolaas Valkeniers

Ended
W.E.C. Holding BV

Manager · since 01 février 2012

Represented by Nicolaas Valkeniers

Ended
Leendert Den Bak

Manager · since 30 décembre 2008 · until 01 février 2012

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/07/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/04/2020
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates04/02/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/10/2012
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202523,7 k €↑
  2. 2024
    Annual accounts 202421,4 k €↑
  3. 2023
    Annual accounts 202318,9 k €↑
  4. 2022
    Annual accounts 202217,6 k €↑
  5. 2021
    Annual accounts 202114,7 k €↑
  6. 2019
    Annual accounts 201912,4 k €↑
  7. 2018
    Annual accounts 20186,3 k €↓
  8. 2017
    Annual accounts 201712,3 k €↑
  9. 2016
    Annual accounts 20166,5 k €↓
  10. 2015
    Annual accounts 201516 k €↓
  11. 2014
    Annual accounts 201417,4 k €↓
  12. 2013
    Annual accounts 201317,4 k €↑
  13. 2012
    Annual accounts 201215,9 k €↓
  14. 2011
    Annual accounts 201162,8 k €↑
  15. 2010
    Annual accounts 201013,4 k €↑
  16. 2009
    Annual accounts 2009-2,3 k €↓
  17. 2008
    Annual accounts 2008-1,1 k €
  18. 30/12/2004
    IncorporationPrivate limited company